Sales-Related Transactions, including the Use of Credit Cards Journalize the entries for the following transactions: (If an amount box does not require an entry, leave it blank.) a. Sold merchandise for cash, $25,160. The cost of the goods sold was $15,100. (Record the sale first.) b. Sold merchandise on account, $10,500. The cost of goods sold was $6,300. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $115,910. The cost of the goods sold was $69,550. (Record the sale first.) 6. Sold merchandise to customers who used MasterCard and VISA, $115,910. The cost of the goods sold was $69,950. (Record the sale first.) d. Sold merchandise to customers who used American Express, $34,170. The cost of the goods sold was $20,500. (Record the sale first.) e. Received and paid an invoice from National Clearing House Credit Co. for $7,800, representing a service fee paid for processing MasterCard, VISA, and American Express sales